Funding you earn now, next payment 12:00 UTC+0.1085%/8h= +118.8% APRnext payment +$5.43 per $10,000 · paid last 24h +0.223%
Price spread now: Variational Omni against BingX+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Variational Omni is 0.040% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORCA-USDT | 1.5110 | 0.0070 | pay 0.0035% / 4h | 3h 05m | — | $6.6M | — |
| Short | Variational Omni ORCA | 1.5116 | 0.1155 | get 0.0578% / 4h | 3h 05m | $32K | $13K | — |
BingX ORCA-USDT
Variational Omni ORCAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $227.93
- Price spread: +0.040% → 0.000%
- $3.97
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $221.9
- Costs to cover
- 0.100%
- Break-even
- 0.2 days
Slippage unknown: BingX: live order book, 7 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 6.64 bp | 20.0 bp −$20 | 72.8 bp −$728 | 690.9 bp −$69.1K | 1182.5 bp −$591.3K |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORCA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORCAUSD | −0.0594% | 1h | 1.5099 | −0.070% | $9K | $8K | 10x | as long as short |
| BingX ORCA-USDTlong | +0.0070% | 4h | 1.5110 | long leg | — | $6.6M | — | |
| Binance ORCAUSDT | +0.0100% | 4h | 1.5110 | 0.000% | $3.5M | $5.3M | 50x | as long as short |
| MEXC ORCA_USDT | +0.0100% | 4h | 1.5110 | 0.000% | $696K | $123K | 20x | as long as short |
| Bitget ORCAUSDT | +0.0100% | 4h | 1.5110 | 0.000% | $676K | $680K | 25x | as long as short |
| Extended ORCA-USD | +0.0104% | 1h | 1.5107 | −0.023% | $4K | $205K | 5x | as long as short |
| BloFin ORCA-USDT | +0.0116% | 4h | 1.5110 | 0.000% | $222K | $59K | 50x | as long as short |
| Aster ORCAUSDT | +0.0278% | 4h | 1.5111 | +0.005% | $44K | $31K | 5x | as long as short |
| Gate ORCA_USDT | +0.0408% | 4h | 1.5101 | −0.060% | $146K | $47K | 25x | as long as short |
| KuCoin ORCAUSDTM | +0.0484% | 4h | 1.5144 | +0.225% | $553K | $201K | 30x | as long as short |
Kraken Futures PF_ORCAUSD
Binance ORCAUSDT
MEXC ORCA_USDT
Bitget ORCAUSDT
Extended ORCA-USD
BloFin ORCA-USDT
Aster ORCAUSDT
Gate ORCA_USDT
KuCoin ORCAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ORCAshort | +0.1155% | 4h | 1.5116 | +0.040% | $32K | $13K | — | |
| Bybit ORCAUSDT | +0.1204% | 4h | 1.5100 | −0.066% | $2.0M | $1.5M | 25x | as long as short |
Bybit ORCAUSDT